Heavy impairment charges led Schlumberger to a loss of £9.3billion before tax in its third quarter results.
Schlumberger, Chevron and Microsoft have launched a cloud-based artificial intelligence platform to improve a digital services in the oil field.
For almost 30 years I have been relentlessly battered with the oil & gas industry’s supposed track record in innovation.
The UK upstream oil and gas sector will be a hive of activity over the coming years, two global energy consultancies have said.
The rig site survey has begun on Corallian Energy's Curlew-A field in the central North Sea.
Global oil field service giant Schlumberger reported nearly $8.3 billion of revenue during the second quarter beating Wall Street expectations.
Oilfield services giant Schlumberger has appointed a former North Sea boss as its new chief executive.
For the oilfield services industry, it’s no longer about merely navigating a downturn. It’s now about survival.
After several years in the doldrums, oilfield service companies are beginning to raise prices for their products and services, according to Rystad Energy.
Energy industry heavyweights and a climate change leader will share the stage during the plenary session of SPE Offshore Europe 2019.
Energy services firm NRG Well Management, of Aberdeen, said it was making a “step change in approach” to its offshore business as it unveiled a new director.
Oilfield service giant Schlumberger is exiting the tubulars business after agreeing to sell three specialized subsidiaries to a Houston company in a $400 million deal.
A Saudi oilfield services company backed by the country’s sovereign wealth fund kicked off a planned $1.2 billion in acquisitions by buying Texas-based Schlumberger Ltd.’s Middle Eastern drilling-rig business.
The boss at energy services giant Schlumberger has predicted "steady improvement" in the oil market this year.
Schlumberger’s board is leaning toward picking chief operating officer Olivier Le Peuch to become its next chief executive officer, according to a person familiar with the matter.
Aberdeen firm EnerMech has appointed Emmanuelle Marshall as Group HSE Director.
Offshore is ready for the limelight again.
With Millennials now making up the majority of employees at Schlumberger, the company's CEO said the oilfield service giant is taking a new approach to management.
Investments in North American oilfields are expected to be down this year while international markets are expected to grow, Schlumberger CEO Paal Kibsgaard said.
The energy services company Schlumberger is partnering with the Milwaukee firm Rockwell Automation to form a new company in Houston to sell equipment and services to advance digital technology and automation in the oilfield.
Schlumberger has appointed Olivier Le Peuch as chief operating officer of Schlumberger, effective immediately.
The world’s biggest oilfield service companies are feeling the U.S. fracking slowdown as shale producers slash spending forecasts. But Halliburton Co. may be bearing the brunt of the pain while arch-rival Schlumberger Ltd. benefits from its bigger internationally footprint.
Global oilfield services giant Schlumberger has celebrated a return to profit in a year which brought further UK North Sea work.
Norway’s oil lobby raised its forecast for investments in the country’s petroleum industry as cost cuts during a three-year downturn made projects more profitable and able to withstand even the recent slump in crude prices.
Underwater engineering, construction and services firm Subsea 7 has announced the award of a "sizable" Gulf of Mexico contract from BP.